My wife and I recently visited Auckland New Zealand. New Zealand is 18 hours ahead of Tampa’s Eastern Standard Time and so operating in the “future” was quite interesting for us. The rest of the world is always trying to catch up with you. To give you an idea of its size, New Zealand has 2 islands; the south island, measuring about the same square miles as Florida and the north island, about 24% smaller than the South Island. Both islands of New Zealand are home to 4.5 million people, while the greater Tampa Bay area alone has nearly 4.5 million people.
New Zealand’s economy is primarily agricultural with its 40 million sheep holding top honors in its revenue producing ability. Like Florida, tourism is vital to its economy. People come from all over the world to visit its majesty and beauty. Because the US dollar is worth 25% more in New Zealand than here, it’s a great time to visit. New Zealand’s population had been moving to Australia where the wages are higher, but with the strengthening economy, its population seems to be stabilizing.
Australia is about the size of the US but has only 26.5 million people; 7.5 million people fewer than the state of California. It lies 1200 miles west of New Zealand. Most of Australia is desert so the majority of its residents live in or near Sydney. Sydney is by far the largest city with about 4.6 million people. Australia is growing and faces similar struggles as the US including illegal immigration. Boat people seek asylum in Australia, and are frequently granted their wish, but like the US, the costs of caring for non-taxpaying citizens is beginning to take a serious toll on its budget. Citizens are becoming upset and concerned even though they are, like many in the US, sympathetic to the plight of the unfortunate. However, Australian citizens are struggling with the costs and responsibility of supporting those who do not pay taxes.
Another very interesting fact that directly impacts US real estate prices now and into the future is this: Sydney, Australia, the second most expensive city to live in the world, and Auckland, one of the most livable cities in the world are experiencing a huge influx of capital from all around the world because both cities are considered safe havens. You see, when you consider the 7 billion people living in the earth’s nearly 200 countries, only a few countries are thought to be safe havens; a place in which you can put your money and have it available when you desire. With that said, the US has several cities that standout as safe havens: New York, Washington, San Francisco, San Diego, Miami, Seattle, Boston, Los Angeles, and Houston. Interestingly, Australia loves the US and is a heavy investor. Have you ever been to a Westfield Mall? Those malls are owned by a Westfield Group, based in Sydney, Australia.
Foreigners still consider the United States one of greatest countries on earth and one of the best places to invest; so do I. We need to continue to work hard to be certain their faith in our country and our economy stays strong.
Using Synergy From Associations to Benefit Clients
Synergy is defined as ‘the combined effort being greater then the parts: the working together of two or more people, organizations, or things, especially when the result is greater than the sum of their individual effects or capabilities.’
Synergy is the reason that associations are founded. Together, the member benefit of professional growth and development is far greater in an association than as a single individual. Because we are members of several associations, we tap into the 2 major ways professional growth occurs – continuing learning in our field through the presentations, workshops and conferences professional groups sponsor, along with networking with other professionals in our industry.
The benefits to our clients are easily recognized. We are informed and current about trends in our industry, not only on a local level, but a national and global level as well. We know the outlook for the economy and can advise our client so that the decision making process is easier and confidence levels are higher.
In short, we stay involved with our associations so we can present our clients with the most current and reliable information available.
For more information about our associations, you can visit them online.
SIOR – www.sior.com
CCIM – www.ccim.com
ALC – www.rliland.com
CRB – www.crb.com
By: Ben Dikman, Vice President, The Dikman Company
There are many different ways to market your company, your services, and your available listings. There are traditional methods such as fliers, direct mail pieces and print advertising. Now, thanks to technology, there are also many non-traditional methods of marketing such as social media, e-blasts, and virtual tours.
We’ve witnessed many changes to how you promote in the marketplace. However, there is one tried and true method of marketing that I believe has the highest ROI, if done properly, and that is good old fashioned networking! READ MORE
This month’s feature video is a little bit different from some of the past videos that we have shared with you. Bob and I decided to create this video ‘The Beginning of a Legacy’ to share with you a little bit about The Dikman Company and how we came to be. One of the things you may not know is that I am the 4th generation of family to be involved in the commercial real estate industry. I guess you could say it is ‘in my blood’. READ MORE
As some of you may know, I am an active member of SIOR (Society of Industrial and Office Realtors). This year I am honored and proud to have been appointed to the position of Speaker of the Council of Presidents. I am a strong believer and supporter of this excellent commercial and industrial real estate association.
One of the newest endeavors set forth by SIOR was the formation of the Independent Brokerage Group in May of last year. The purpose of the Independent Brokerage Group (“IBG”) is to create and sustain a network of highly qualified, independent SIOR brokers across the country to collaborate, share information and enhance business opportunities for its members. READ MORE
estate my profession, I spent several years in the corporate sector. Life was
pretty structured. I worked from 9 – 5 pm, came home and worked out, had dinner
at 7, went to bed at 10….and then got up the next day and did the SAME
THING. Needless to say, that type of monotony can get pretty old.
We recently welcomed a new tenant into our offices at 1315 S. Howard Avenue. His name is Dr. Radley Griffin, and he is a medical physician who provides his clients with concierge medical care. Not only is he our newest tenant, he is also my personal doctor.
Dr. Griffin’s practice is unique. Some people call it concierge or boutique medicine, but Dr. Griffin prefers to call it ‘good, old fashion, family medicine.’ Dr. Griffin’s services are all inclusive, and he even makes house calls! His patients know they can contact him at anytime for any medical need and they won’t have to wait a month to get an appointment. His services are specialized and customized to meet the needs of each of his patients. He has created a ‘concierge relationship’ with his patients. READ MORE
television. I especially enjoy the final court room drama scenes that
always come up during the final 15 minutes of the show. Those powerhouse
attorneys battle it out to the bitter end, pulling out all punches, and doing
whatever it takes to get their case to win. That’s pretty impressive
Chairman & CEO, The Dikman Company
Auto racing and commercial realcestate have more in common than you might think. This past month I hadcthe opportunity to participate in a race that drove (no pun intended)cthat message home to me on all levels. I was honored to be asked to serve againcas an official spotter for the Rolex 24 the weekend of January 28th. If you are
not familiar with what a spotter actually does during the race, let me explain.